In the latest twist in the ongoing fraud involving Bollywood actress Shilpa shetty and her businessman husband Raj customerThe latest reports claimed that Bombay High Court had led the couple to deposit Rs 60 crore before traveling abroad. Raj Kundra has now firmly denied these reports and called them incorrect and misleading.He spoke to Hindustan Times and said: “The court has not directed me to deposit any amount, which is incorrectly stated. It has only asked for information about the purpose of the trip together with the formal correspondence, which will be submitted at the next negotiating date, October 14.”
Frustration over repeated erroneous performances
Raj expressed his frustration over what he called “repeated errors” by the applicant in the case. “I have received enough of the applicant’s repeated error representations, and measures are taken against them when we speak. Many facts will arrive in the coming days. I urge the media to verify facts before publishing misleading information,” he added.The explanation comes after the couple submitted a petition in the Supreme Court to turn off the appearance (LOC) which was issued against them in connection with a company that claimed an RS 60 Crore fraud. The court has now dismissed the case until October 14.
The background to the case
The case, during the investigation of the Economic Crime Wing (EOW) from Mumbai Police, derives from a complaint that was submitted by Deepak Kothari, a 60-year-old manager of Lotus Capital Financial Services. Kothari claimed that between 2015 and 2023, Shilpa and Raj used their investment money for personal spending rather than for business purposes were alleged.According to the complaint, Kothari had transmitted RS 31.95 crore in April 2015 according to a stock market agreement and additional RS 28.53 crore in September 2015 according to a supplementary agreement. He later discovered that insolvency proceedings had begun against the company for alleged misunderstandings involving another investor. EOW registered a case against Shilpa Shetty, Raj Kundra and an unidentified employee in accordance with sections 403, 406 and 34 in IPC, with reference to dishonest abuse of property, criminal crime against trust and common intention.
